CHF 5.38 intraday: Orascom Development (ODHN.SW, SIX) oversold bounce, watch CHF 6.40
ODHN.SW stock trades at CHF 5.38 intraday on the SIX in Switzerland after a high-volume session that looks like an oversold bounce setup. Volume of 18,061 shares is roughly 5.32x the average daily volume, signalling short-term trader interest. Key levels to watch: year high CHF 6.40, year low CHF 3.20, 50-day average CHF 5.42, 200-day average CHF 4.87.
Intraday price action and immediate setup
ODHN.SW stock opened at CHF 5.38 and is unchanged intraday with a tight trading range today (day low and day high both CHF 5.38). The sharp volume spike to 18,061 versus average 3,396 suggests active short-covering or fresh buying at lower levels. For an oversold bounce play we treat this as a short-term mean reversion setup where the 50-day average CHF 5.42 and prior resistance at CHF 6.40 are the first upside targets.
Why the oversold bounce may be valid
Price sits closer to the 200-day average CHF 4.87 than the year high, and the stock posted YTD weakness of -3.58% despite a 1-year gain of 23.39%, creating conditions for a rebound. Relative volume greater than 5.31 indicates conviction in today’s move. Traders can use intraday pullbacks toward CHF 5.20–5.30 as potential entries with tight stops under CHF 5.00.
Fundamental snapshot and valuation context
Orascom Development Holding AG (ODHN.SW) is listed on the SIX in Switzerland and operates integrated towns worldwide. Market cap stands at CHF 320,653,918.00 with 59,601,100 shares outstanding. Key ratios: EPS CHF 0.06, price-to-book 1.05, price-to-sales 0.99, and debt-to-equity 1.56. Trailing metrics show healthy book value per share CHF 7.59 but long cash conversion cycles, reflecting land and construction working capital intensity.
Technical levels, risk and trade plan
Short-term support: CHF 5.00 and year low CHF 3.20. Immediate resistance: CHF 5.42 (50-day) and CHF 6.40 (year high). Use a risk-first plan: limit risk to 3–5% of position size, place stop-loss near CHF 4.95, and target a first take-profit at CHF 6.00. Watch volume—if follow-through volume fades below average, the oversold bounce is suspect and the stock can retest lower supports.
Meyka AI grade and forecast
Meyka AI rates ODHN.SW with a score out of 100: 63.49 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects CHF 7.07 for the next 12 months versus the current CHF 5.38, implying an upside of 31.45%. Forecasts are model-based projections and not guarantees.
Analyst context and sector comparison
Independent company rating data shows a recent score of C with a sell recommendation on valuation and leverage concerns. The company sits in the Consumer Cyclical sector and the Residential Construction industry, where Swiss peers trade at higher average P/B and ROE. Orascom’s lower price-to-sales and near-book valuation make it attractive for selective value-oriented swing trades, while operational risks and working capital cycles keep longer-term conviction guarded.
Final Thoughts
ODHN.SW stock at CHF 5.38 presents a classic oversold-bounce intraday setup: heavy relative volume today, proximity to the 200-day average CHF 4.87, and clear resistance at CHF 6.40. For traders we prefer a tactical entry on intraday pullbacks toward CHF 5.20–5.30, stop under CHF 4.95, and initial profit-taking near CHF 6.00. Meyka AI’s forecast model projects CHF 7.07, implying 31.45% upside versus the current price; downside to the year low CHF 3.20 equals -40.56% risk. Remember this is a short-term rebound strategy: validate with volume and candlestick follow-through, and size positions to limit drawdowns. Use the company site for filings and Orascom Development for primary disclosures, plus our live coverage on the Meyka stock page Meyka ODHN.SW. Forecasts are model-based projections and not guarantees.
FAQs
What is the current intraday price for ODHN.SW stock?
ODHN.SW stock trades at CHF 5.38 intraday on the SIX with a volume of 18,061 shares, well above the average of 3,396 shares, indicating elevated short-term activity.
What price target does Meyka AI give for ODHN.SW stock?
Meyka AI’s forecast model projects CHF 7.07 over the next 12 months for ODHN.SW stock, implying about 31.45% upside from the current CHF 5.38 price. Forecasts are model-based and not guarantees.
What are the key risks for a short-term oversold bounce in ODHN.SW stock?
Key risks include fading volume after the initial bounce, operational working-capital swings, and leverage (debt-to-equity 1.56). A failure below CHF 5.00 can trigger deeper downside toward CHF 3.20.
How should traders size stops and targets for this setup?
For an oversold-bounce trade in ODHN.SW stock, consider stops under CHF 4.95, a conservative target near CHF 6.00, and scale out toward CHF 6.40–7.07 if volume confirms the move.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
